As we discussed last week, the Bull/ Bear ratio has found support around.25 in recent years. So far, that seems to be holding this time around. ( See our post from Oct 29th) The OB/OS oscillator reversed prior to entering OS and has now formed a short-term higher high, approaching OB. from a technical standpoint, the major indices are toying with important levels that had been broken during the pull-back, remains to be seen if the market has enough behind itself to get past those levels once again. Typically, in a bullish environment, we'd expect a low volume retest of the lows before breaking above significant technical levels. Next week is poised to be an interesting one. Today we mostly looked at the major indices and commodities technicals. Join us for some fun with charts and tecnical analysis HERE
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